Toward the next decade
2020 will mark the 90th anniversary of Laox’s foundation, while 2019 marked the 10th anniversary of our strategic alliance with Suning.com, a leading company in the retail business in China. During these ten years, we have entered into not just the inbound business centered on tax-free retail, but also the restaurant, fashion, real estate, and other industries in a series of ventures to expand our business horizons. We sincerely appreciate our customers and business partners for their support for such ventures. To express that appreciation, and to start a new, even brighter decade that will conclude our first century in business, we will hold a variety of sales promotions.